Typhoon Seen Having Small Impact on Philippine Economy

Typhoon Rammasun's economic punch is expected to be felt mainly in the agriculturally rich Bicol region of the Philippines, around 415 kilometers southeast Manila.

The typhoon is expected to hit land—most likely in Bicol's Albay province—early Tuesday...

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Raw Video: Typhoon Rammasun Strikes in the Philippines

Related Video: Strong winds topple trees and cut off the power supply as Typhoon Rammasun makes landfall in the Philippines Tuesday. Thousands of people living in the coastal areas have evacuated. Photo: Facebook/JeffAcosta